SafeNet Teams with Open Channel Solutions.Partnership Offers Complete Software Licensing and Entitlement Management Solution for Software Vendors BALTIMORE & NORWOOD, Mass. -- SafeNet, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :SFNT), setting the standard for information security, and Open Channel Solutions (OCS OCS - Object Compatibility Standard ), a leading provider of software entitlement and eBusiness management solutions, today announced their partnership to offer a comprehensive licensing and entitlement management solution to enterprise software vendors. The SafeNet and OCS partnership delivers a solution that streamlines the process of selling, delivering and managing software licenses In computing, software that is copyrighted and licensed under a software license is done under a variety of licensing schemes. For end-users there are proprietary licenses and there are free software licenses, and there are proprietary Within these schemes are further classifications. . SafeNet's Sentinel RMS embeds licensing functionality into vendor's software, enabling them to sell their products in a variety of different ways according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. their market needs. Poetic, from OCS, provides software vendors a complete system for distribution, tracking and management of these licenses through the channel and across the vendor's entire customer base. The seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. of these technologies allows software vendors to combine these processes into a single, highly efficient business process that increases revenues and reduces costs. "The integrated solution offered by OCS and SafeNet will greatly benefit software vendors in managing licensing and entitlements. With an increased focus on the small to mid-size business market and the use of innovative software licensing models - such as subscriptions, Software-as-a-Service (SaaS) and other time bound entitlements - vendors require licensing technology and systems that will enable them to quickly adapt and effectively manage critical customer data," said Laurie Wurster, Research Director, Gartner. By combining embedded licensing technology and an entitlement management system, software publishers can now use OCS Poetic to generate licenses to activate software protected with SafeNet's Sentinel RMS. The integrated solution will also allow users to easily generate a wide range of additional license models and effectively administer licensing programs. "OCS is committed to providing the most comprehensive entitlement management and eBusiness solutions," said Ed Rose, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , OCS. "With this partnership, we're extending the value we provide by making SafeNet's proven licensing technology available to our clients right out of the box." About Sentinel RMS Sentinel[TM] RMS is a comprehensive system that dramatically reduces or eliminates many of the costs normally associated with software license management. The modular design In the context of systems engineering, modular design — or "modularity in design" — is an approach aiming to subdivide a system into smaller parts (modules) that can be independently created and then used in different systems to drive multiple functionalities. of Sentinel RMS allows it to quickly join up to back-office systems, automating most fulfillment and management operations. The secure, role-based system allows every department the access they require to effectively manage your customer's needs. About OCS Poetic OCS Poetic enables software vendors to optimize their licensing and entitlement management and delivery requirements The stipulation that requires that an item of materiel must be delivered in the total quantity required by the date required. , whether they are selling to end customers, or channel partners. Poetic entitlement management ensures exact access control to all software, licenses, and content to all customers, whether they are direct and indirect, in an easy to use, web enabled application. About SafeNet, Inc. SafeNet is a global leader in information security. Founded more than 20 years ago, the company provides complete security utilizing its encryption technologies to protect communications, intellectual property and digital identities, and offers a full spectrum of products including hardware, software, and chips. UBS UBS Union Bank of Switzerland UBS United Bible Societies UBS United Blood Services UBS United Buying Service UBS Used Bookstore UBS University Business Services UBS Universal Building Society (UK) UBS Ulaanbaatar Broadcasting System , Nokia, Fujitsu, Hitachi, ARM, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , NetGear, the Departments of Defense and Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States , Adobe, Samsung, Texas Instruments, the U.S. Internal Revenue Service and scores of other customers entrust their security needs to SafeNet. For more information, visit www.safenet-inc.com About Open Channel Solutions Open Channel Solutions (OCS) is a leading global provider of software subscription and e-business management solutions that enable software-as-a-service. The company's self-service offerings help organizations increase software renewal revenues, extend their reach and manage sales in the growing SMB market through multi-tiered channels, effectively distribute electronic software and content, and eliminate costly, inefficient e-business IT processes. OCS is headquartered in Norwood, MA; the company also has offices in Utah, the Netherlands, Japan and Australia. For more information, visit www.ocs.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. Important factors that could cause actual results to differ materially are included but are not limited to those listed in SafeNet's periodic reports and registration statements filed with the Securities and Exchange Commission. The Company assumes no obligation to update information concerning its expectations. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion